BHARAT RASAYAN LTD.

	2018 ( ₹ in Cr. )	2017 ( ₹ in Cr. )	2016 ( ₹ in Cr. )	2015 ( ₹ in Cr. )	2014 ( ₹ in Cr. )
INCOME :
Sales Turnover	810.4	676	488.56	475.9	391.47
Other Income	9.79	2.22	0.6	0.87	0.97
Stock Adjustments	-0.76	15.72	1.71	-6.14	21.25
Total Income	819.43	693.94	490.87	470.63	413.69
EXPENDITURE :
Raw Materials	521.59	425.4	293.95	281.09	256.34
Excise Duty	15.1	55.31	33.05	37.14	30.09
Power and Fuel Cost	17.9	15.31	12.77	10.4	9.8
Other Manufacturing Expenses	28.74	24.72	20.82	17.94	13.41
Employee Cost	35.25	31.51	27.19	23.23	20.44
Selling and Administration Expenses	32.15	24.57	20.41	16.92	14.77
Miscellaneous Expenses	5.49	4.32	0.86	0.63	4.39
Less: Preoperative Expenditure Capitalised	0	0	0	0	0
Profit before Interest, Depreciation and Tax	163.22	112.8	81.83	83.29	64.46
Interest and Financial Charges	11.63	12.45	13.24	17.5	16.56
Profit before Depreciation and Tax	151.59	100.35	68.59	65.79	47.9
Depreciation	16.42	16.43	17.03	17.73	17.83
Profit Before Tax	135.17	83.92	51.56	48.06	30.07
Tax	36.86	29.39	17.68	16.31	9.92
Profit After Tax	98.31	54.53	33.88	31.75	20.15
Adjustment below Net Profit	-0.14	-0.1	-0.1	-0.03	0
P and L Balance brought forward	154.81	103.11	71.24	42.28	22.63
Appropriations	0.64	2.51	2.51	2.76	0.5
P and L Bal. carried down	252.35	155.03	102.5	71.24	42.28
Equity Dividend	0.64	0.51	0.51	0.64	0.42
Preference Dividend	0	0	0	0	0
Corporate Dividend Tax	0	0	0	0.13	0.07
Equity Dividend (%)	15	0	12	15	10
Earning Per Share (Rs.)	231.4	128.35	79.73	74.43	47.25
Book Value	701.97	472.4	344.57	266.28	193.42
Extraordinary Items	1.32	-0.17	0.03	0	-0.22

2018 ( ₹ in Cr. )

2017 ( ₹ in Cr. )

2016 ( ₹ in Cr. )

2015 ( ₹ in Cr. )

2014 ( ₹ in Cr. )

INCOME :

Sales Turnover

810.4

676

488.56

475.9

391.47

Other Income

9.79

2.22

0.6

0.87

0.97

Stock Adjustments

-0.76

15.72

1.71

-6.14

21.25

Total Income

819.43

693.94

490.87

470.63

413.69

EXPENDITURE :

Raw Materials

521.59

425.4

293.95

281.09

256.34

Excise Duty

15.1

55.31

33.05

37.14

30.09

Power and Fuel Cost

17.9

15.31

12.77

10.4

9.8

Other Manufacturing Expenses

28.74

24.72

20.82

17.94

13.41

Employee Cost

35.25

31.51

27.19

23.23

20.44

Selling and Administration Expenses

32.15

24.57

20.41

16.92

14.77

Miscellaneous Expenses

5.49

4.32

0.86

0.63

4.39

Less: Preoperative Expenditure Capitalised

Profit before Interest, Depreciation and Tax

163.22

112.8

81.83

83.29

64.46

Interest and Financial Charges

11.63

12.45

13.24

17.5

16.56

Profit before Depreciation and Tax

151.59

100.35

68.59

65.79

47.9

Depreciation

16.42

16.43

17.03

17.73

17.83

Profit Before Tax

135.17

83.92

51.56

48.06

30.07

Tax

36.86

29.39

17.68

16.31

9.92

Profit After Tax

98.31

54.53

33.88

31.75

20.15

Adjustment below Net Profit

-0.14

-0.1

-0.03

P and L Balance brought forward

154.81

103.11

71.24

42.28

22.63

Appropriations

0.64

2.51

2.76

0.5

P and L Bal. carried down

252.35

155.03

102.5

71.24

42.28

Equity Dividend

0.64

0.51

0.64

0.42

Preference Dividend

Corporate Dividend Tax

0.13

0.07

Equity Dividend (%)

Earning Per Share (Rs.)

231.4

128.35

79.73

74.43

47.25

Book Value

701.97

472.4

344.57

266.28

193.42

Extraordinary Items

1.32

-0.17

0.03

-0.22

	2018 ( ₹ in Cr. )	2017 ( ₹ in Cr. )	2016 ( ₹ in Cr. )	2015 ( ₹ in Cr. )	2014 ( ₹ in Cr. )
SOURCES OF FUNDS :
Share Capital	4.25	4.25	4.25	4.25	4.25
Reserves and Surplus	294	196.46	142.15	108.89	77.93
Total Shareholders Funds	298.25	200.71	146.4	113.14	82.18
Secured Loans	0	0	39.58	91.39	91.01
Unsecured Loans	129.13	115.36	73.31	50.56	52.57
Total Debt	129.13	115.36	112.89	141.95	143.58
Total Liabilities	427.38	316.07	259.29	255.09	225.76
APPLICATION OF FUNDS :
Gross Block	256.99	224.73	212.98	196.76	184.59
Less: Accum. Depreciation	109.27	93.69	77.26	60.14	42.32
Net Block	147.72	131.04	135.72	136.62	142.27
Capital Work in Progress	7.14	1.21	0.54	1.67	0.57
Investments	0.09	0.09	20.14	29.79	0.26
Current Assets, Loans and Advances
Inventories	94.17	83.86	56.75	57.39	67.43
Sundry Debtors	221.61	120.15	88.17	79.53	60.41
Cash and Bank Balance	4.99	3.36	3.77	4.64	4.9
Loans and Advances	28.36	30.35	20.69	25.76	31.49
Less: Current Liab. and Prov.
Current Liabilities	72.36	47.14	64.12	77.06	80.88
Provisions	4.33	6.86	2.36	3.26	0.68
Net Current Assets	272.44	183.72	102.9	87	82.67
Miscellaneous Expenses not w/o	0	0	0	0	0
Total Assets	427.39	316.06	259.3	255.08	225.77
Contingent Liabilities	17.58	16.89	17.01	15.01	3.56

2018 ( ₹ in Cr. )

2017 ( ₹ in Cr. )

2016 ( ₹ in Cr. )

2015 ( ₹ in Cr. )

2014 ( ₹ in Cr. )

SOURCES OF FUNDS :

Share Capital

4.25

Reserves and Surplus

294

196.46

142.15

108.89

77.93

Total Shareholders Funds

298.25

200.71

146.4

113.14

82.18

Secured Loans

39.58

91.39

91.01

Unsecured Loans

129.13

115.36

73.31

50.56

52.57

Total Debt

129.13

115.36

112.89

141.95

143.58

Total Liabilities

427.38

316.07

259.29

255.09

225.76

APPLICATION OF FUNDS :

Gross Block

256.99

224.73

212.98

196.76

184.59

Less: Accum. Depreciation

109.27

93.69

77.26

60.14

42.32

Net Block

147.72

131.04

135.72

136.62

142.27

Capital Work in Progress

7.14

1.21

0.54

1.67

0.57

Investments

0.09

20.14

29.79

0.26

Current Assets, Loans and Advances

Inventories

94.17

83.86

56.75

57.39

67.43

Sundry Debtors

221.61

120.15

88.17

79.53

60.41

Cash and Bank Balance

4.99

3.36

3.77

4.64

4.9

Loans and Advances

28.36

30.35

20.69

25.76

31.49

Less: Current Liab. and Prov.

Current Liabilities

72.36

47.14

64.12

77.06

80.88

Provisions

4.33

6.86

2.36

3.26

0.68

Net Current Assets

272.44

183.72

102.9

82.67

Miscellaneous Expenses not w/o

Total Assets

427.39

316.06

259.3

255.08

225.77

Contingent Liabilities

17.58

16.89

17.01

15.01

3.56